Student Debt Burden Increasing At Massachusetts Public Universities

Mar 2, 2018

         A new study finds Massachusetts students are borrowing more to attend the state’s public universities. 

Since 2004, the average student loan debt for graduates from the state’s four year public colleges and universities has increased 77 percent, a faster pace than almost every other state, according to a report by the Massachusetts Budget and Policy Center.

The organization’s president Noah Berger said the debt burden is close to what graduates from private universities face.

" The average debt of people graduating from our public universities now is about $30,000 per person," said Berger.

The study said state higher education funding has fallen by 14 percent since 2004 when adjusted for inflation.